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Cardano Ecosystem

CRYPTO Bull Market Far From Over! (MUST SEE Bitcoin Data)

04/10/2024

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611 views


Crypto Capital Venture

In this video, I discuss the potential longevity and room for growth in the current cryptocurrency bull market, highlighting that the total crypto market cap has yet to surpass its all-time highs from 2021. I delve into various data points, including on-chain metrics, Bitcoin, ADA, and Ethereum charts to substantiate my analysis that we're possibly at the early or midway point of this bull cycle. I specifically focus on Bitcoin's halving events, the bull market door area as key indicators, and the Market Value to Realized Value (MVRV) Z-score to argue that the market is approximately halfway through its current bull phase. Additionally, I explore the altcoin market, predicting a decrease in Bitcoin dominance as altcoin season approaches, supported by ADA and Ethereum's current positioning relative to their past cycle performances. I conclude by visualizing the potential trajectory of the crypto market, while acknowledging macroeconomic risks and the unpredictability of market cycles. My aim is to provide viewers with insights that can help them anticipate market movements, concluding with a personal mantra to "prepare for anything and expect nothing," underscoring the inherent uncertainty in cryptocurrency markets.


See original video on YouTube

ORIGINAL SOURCE

https://www.youtube.com/watch?v=nzezX8e2...

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